In a city where convenience, efficiency, and smart money management converge, cashback credit cards have become indispensable tools for the savvy Singaporean spender. Whether you’re swiping at your favourite hawker stall, paying utility bills online, or indulging in a shopping spree, cashback credit cards help you save a little more each time. As we step into 2025, let’s explore the best cashback credit cards available in Singapore, what makes them stand out, and how to choose the right one based on your lifestyle.
Why Choose a Cashback Credit Card?
Cashback credit cards reward cardholders by returning a portion of their expenditure, usually as a monthly rebate. Unlike reward points or air miles—which may require conversions or have expiration dates—cashback is simple, tangible, and instantly gratifying. It’s a smart financial strategy to make your everyday spending work for you, especially when used wisely within your budget.
Key Factors to Consider Before Choosing
Before we delve into the top picks, here are several important criteria to consider when evaluating cashback credit cards:
- Minimum spend requirements: Many cards require you to spend a certain amount monthly to qualify for the maximum cashback.
- Cashback caps: There are usually limits on the amount of cashback you can earn per category or month.
- Spending categories: Some cards reward specific categories like dining, groceries, or online purchases, while others offer flat rates.
- Annual fees: Some cards come with fees that may outweigh their benefits unless waived or justified by high cashback returns.
- Exclusions: Not all transactions earn cashback (e.g. insurance premiums, education fees, or government payments).
With these in mind, let’s explore the standout options in 2025.
1. UOB EVOL Card
Best for: Millennials and online shoppers
Key Features:
- Up to 8% cashback on online and mobile contactless spending
- No minimum spend required to earn basic cashback; S$600 monthly minimum to unlock maximum rewards
- Up to S$60 cashback per month (S$20 cap per category)
Why it stands out:
The UOB EVOL Card continues to win hearts in 2025 with its strong focus on online and mobile transactions—perfect for digital natives and tech-savvy users. Whether you’re ordering groceries via RedMart or hailing a ride with GrabPay, this card ensures generous returns on your everyday lifestyle.
2. Citi Cash Back Card
Best for: Families and heavy spenders on dining and groceries
Key Features:
- 8% cashback on groceries, dining, and petrol
- S$800 monthly minimum spend
- S$80 monthly cashback cap
Why it stands out:
A staple in many households, the Citi Cash Back Card offers exceptional value for those who frequently cook at home or dine out. Its generous cashback categories are practical and relevant, making it a top choice for families and working adults alike.
3. OCBC 365 Credit Card
Best for: Balanced everyday spending
Key Features:
- Up to 6% cashback on dining and online food delivery
- 5% on groceries, 3% on recurring bills (telecom, utilities)
- S$800 minimum spend, S$80 cap per month
Why it stands out:
True to its name, the OCBC 365 Credit Card rewards you every day of the year. It’s ideal for users who want broad coverage across key spending categories, especially essential bills. OCBC has also made enhancements in 2025 to make cashback tracking more transparent via its app.
4. Maybank Family & Friends Card
Best for: Customisable cashback categories
Key Features:
- Up to 8% cashback in five chosen categories
- Options include: groceries, dining, transport, online shopping, telco, and more
- Minimum spend of S$800/month
- S$125 cashback cap per month
Why it stands out:
Flexibility is the key differentiator here. Maybank’s card allows you to tailor your cashback to suit your lifestyle. It’s particularly useful for couples or households with diverse spending patterns. With an expanded list of categories in 2025, it’s now even more appealing.
5. DBS Live Fresh Card
Best for: Eco-conscious and youthful spenders
Key Features:
- Up to 6% cashback on online and contactless spend
- Additional 1% on eco-friendly merchants
- S$600 minimum spend, S$70 cashback cap
Why it stands out:
DBS Live Fresh has carved a niche by supporting sustainable choices, rewarding users for spending at eco-friendly retailers. As environmental consciousness continues to rise in Singapore, this card combines practicality with purpose—perfect for Gen Z and green-minded consumers.
6. Standard Chartered Smart Credit Card
Best for: Flat-rate cashback seekers
Key Features:
- 1.6% unlimited cashback on all eligible retail spend
- No minimum spend, no cap
Why it stands out:
Simplicity is the Smart Credit Card’s greatest strength. It’s an excellent fit for users who don’t want to fuss over categories or spending thresholds. The flat-rate cashback ensures consistent rewards, especially useful for those with variable monthly expenses.
7. HSBC Advance Credit Card
Best for: Higher-income individuals with varied expenses
Key Features:
- Up to 3.5% cashback on all local and overseas spend
- No category restrictions
- S$2,000 minimum spend for maximum cashback tier
- Up to S$125/month cashback cap
Why it stands out:
While the minimum spend may be steep, those who meet it enjoy a decent cashback on a broad range of expenditures. HSBC’s card is particularly beneficial for expatriates and frequent travellers, given its overseas applicability and strong customer service reputation.
Tips to Maximise Your Cashback
Having the right card is only part of the equation. To truly make the most out of your cashback rewards, consider these tips:
1. Track your spending
Use your card issuer’s mobile app to monitor your monthly spending. This ensures you hit the minimum required for bonus cashback, without overspending.
2. Stack with promo codes
Use cashback cards in conjunction with promotional vouchers (e.g. Lazada or Shopee vouchers) or cashback platforms like ShopBack or FavePay.
3. Automate recurring payments
Put telco, utilities, and subscription services (e.g. Netflix, Spotify) on your cashback card. These often fall into bill-related cashback categories.
4. Avoid excluded transactions
Be mindful of exclusions such as insurance payments, education fees, and government services. Read your card’s T&Cs to avoid disappointment.
Final Thoughts
Cashback credit cards are among the most straightforward ways to derive value from your everyday spending. However, the ideal card is highly personal—dependent on your spending habits, lifestyle, and financial goals.
For tech-savvy urbanites, the UOB EVOL Card or DBS Live Fresh Card may be the perfect fit. For families and consistent spenders, Citi Cash Back or OCBC 365 offer generous returns. Prefer a flat, fuss-free approach? The Standard Chartered Smart Credit Card is your go-to.
As with all financial products, discipline is crucial. Cashback is only beneficial if balances are paid in full each month. Otherwise, any rewards earned can quickly be eroded by interest charges. Choose wisely, spend smartly, and let your credit card pay you back—literally.